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Category: Business

Business

India needs inclusive economic growth, Only INDIA bloc can this: Congress on Modi’s ‘redistribution of wealth’ remark

Posted on April 23, 2024 By admin
India needs inclusive economic growth, Only INDIA bloc can this: Congress on Modi’s ‘redistribution of wealth’ remark

A file photo of senior Congress leader Jairam Ramesh | Photo Credit: SHIV KUMAR PUSHPAKAR Stepping up its attack on Prime Minister Narendra Modi over his ‘redistribution of wealth’ remark, the Congress has said that Mr. Modi will not tell the people that more than 40% of the wealth created in the country from 2012…

Read More “India needs inclusive economic growth, Only INDIA bloc can this: Congress on Modi’s ‘redistribution of wealth’ remark” »

Business

India needs inclusive economic growth, only INDIA bloc can do this: Congress on Modi’s ‘redistribution of wealth’ remark

Posted on April 23, 2024 By admin
India needs inclusive economic growth, only INDIA bloc can do this: Congress on Modi’s ‘redistribution of wealth’ remark

A file photo of senior Congress leader Jairam Ramesh | Photo Credit: SHIV KUMAR PUSHPAKAR Stepping up its attack on Prime Minister Narendra Modi over his ‘redistribution of wealth’ remark, the Congress has said that Mr. Modi will not tell the people that more than 40% of the wealth created in the country from 2012…

Read More “India needs inclusive economic growth, only INDIA bloc can do this: Congress on Modi’s ‘redistribution of wealth’ remark” »

Business

Pakistan hopes to get new IMF loan by early July, says finance minister

Posted on April 23, 2024 By admin
Pakistan hopes to get new IMF loan by early July, says finance minister

File picture of Pakistan Finance Minister Muhammad Aurangzeb | Photo Credit: Reuters Pakistan is hoping to reach a staff-level agreement with the International Monetary Fund by June or early July, its finance minister said on Tuesday. The country’s current $3 billion arrangement with the fund runs out in late-April, which it secured last summer to…

Read More “Pakistan hopes to get new IMF loan by early July, says finance minister” »

Business

Markets climb in early trade on firm global trends; extend winning momentum to 3rd day running

Posted on April 23, 2024 By admin
Markets climb in early trade on firm global trends; extend winning momentum to 3rd day running

Image for representation | Photo Credit: PAUL NORONHA Benchmark equity indices continued their winning momentum for the third day running on Tuesday amid firm global market trends. Rallying for the third day running, the 30-share BSE Sensex climbed 411.27 points to 74,059.89 in early trade. The NSE Nifty advanced 111.15 points to 22,447.55. From the…

Read More “Markets climb in early trade on firm global trends; extend winning momentum to 3rd day running” »

Business

Rupee rises 6 paise to 83.30 against U.S. dollar in early trade

Posted on April 23, 2024 By admin
Rupee rises 6 paise to 83.30 against U.S. dollar in early trade

Image for representation | Photo Credit: Reuters The rupee appreciated 6 paise to 83.30 against the U.S. dollar in early trade on Tuesday, supported by a firm trend in domestic equities. At the interbank foreign exchange market, the local unit opened at 83.37 against the greenback. It later touched 83.30 in initial trade, registering a…

Read More “Rupee rises 6 paise to 83.30 against U.S. dollar in early trade” »

Business

U.S. consumers on lower incomes face loan stress while banks pull back

Posted on April 23, 2024 By admin
U.S. consumers on lower incomes face loan stress while banks pull back

U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, prompting banks to become more cautious about dishing out credit cards and car loans. A growing number of Americans have seen their savings dwindle as rising prices squeeze budgets while interest rates stay…

Read More “U.S. consumers on lower incomes face loan stress while banks pull back” »

Business

China’s Q1 fiscal revenue falls as tax cut policies weigh

Posted on April 23, 2024 By admin
China’s Q1 fiscal revenue falls as tax cut policies weigh

The world’s second-biggest economy grew faster than expected in the first quarter. File | Photo Credit: Reuters China’s fiscal revenue in the first quarter fell 2.3% from a year earlier, as some special factors including previous tax cut policies weighed, the Finance Ministry said on April 22. The world’s second-biggest economy grew faster than expected…

Read More “China’s Q1 fiscal revenue falls as tax cut policies weigh” »

Business

MDH, Everest masala row: FSSAI to check quality of spices sold in India

Posted on April 22, 2024 By admin
MDH, Everest masala row: FSSAI to check quality of spices sold in India

Food safety regulator FSSAI has started taking samples of spices in powder form of all brands, including MDH and Everest, from across the country in view of quality concerns flagged by Singapore and Hong Kong, a government source said. “In view of the current development, FSSAI has taking samples of spices of all brands, including…

Read More “MDH, Everest masala row: FSSAI to check quality of spices sold in India” »

Business

How a Chennai-based firm is using virtual reality to train industrial workers

Posted on April 22, 2024 By admin
How a Chennai-based firm is using virtual reality to train industrial workers

Using Skillveri’s proprietary software, workers can be taught welding, spray painting, and HVAC and solar panel installation | Photo Credit: Special Arrangement Can you play basketball on the Moon? That’s the feat Skillveri pulled off to showcase at the G20 Summit in 2023. The start-up’s idea was to make children practically understand how gravity worked…

Read More “How a Chennai-based firm is using virtual reality to train industrial workers” »

Business

Rupee rises 5 paise to 83.39 against U.S. dollar in early trade

Posted on April 22, 2024 By admin
Rupee rises 5 paise to 83.39 against U.S. dollar in early trade

File. | Photo Credit: C. Venkatachalapathy The rupee appreciated 5 paise to 83.39 against the U.S. dollar in early trade on April 22, supported by a firm trend in domestic equities. Forex traders said the local unit gained ground as the American currency and crude oil prices retreated from their elevated levels. At the interbank…

Read More “Rupee rises 5 paise to 83.39 against U.S. dollar in early trade” »

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